Chandler Police Seek Victims Of Black Money Scam

By Detective Seth Tyler for the Chandler PD

In mid-April, detectives from the Department’s Narcotics Unit were conducting an investigation regarding drug sales in the city. During the course of the investigation, it was discovered that the suspects were involved in the “Black Money Scam.”

According to the FBI, the Black Money Scam is a well-known fraud wherein black construction paper is presented to a victim as being actual U.S. currency dyed black through a chemical process. The con-man represents that he needs money to obtain another chemical that will wash off the black dye and render the U.S. currency back to its normal state. The victim is asked for money to buy the chemical in exchange for half of the black paper. After the money is given to the con-man, the victim is given the black paper, and the con-man disappears with the victim’s money. The paper held by the victim is simply black construction paper with no currency value.

Detectives believe that there may be more victims of this scam who have not come forward as of yet.

If you believe that you have been a victim of the “Black Money Scam,” please contact Chandler Police at 480-782-4426.

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